How you choose stocks to trade in intraday
what are the key feature or points you take into consideration before going for trade
please add whatever you can to help
thanks in advance
Whatever sector is trending. Focus on that for intraday, that’s where all the eyes are.
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+1
That’s the most important factor for day trading.
Adding a few more , @a_r1 :
~ Before market starts, make a note of key support n resistance zones for the day.
~ Keep an eye on open low ; open high setups
~ keep an eye on OI and link with the support n resistance zones; if there’s any movement in one of the above 2 factors along with support or resistance breach, there can be a trending move.
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This is a more advanced technique, which works for F&O stocks.
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anything for cash segment
my eyes and lists on Trading view. I suggest building out sector watchlist by researching and tracking them daily to stay on top of things.
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Scan the market and check out the latest trends, select the one you feel has the most potential after doing research. Incase of any shift in price movement, you’ll know if it’s worth it to enter or not. Good luck.
I would say, Pick Stocks that Have Futures and Options and the rest is just general things like picking stocks with good volume, etc you know all that.
Intraday trading can be challenging for most newbies. So, you need to check the support and resistance zones, keep an eye on the latest trends and make sure you invest in the sector and trend most popular. Chances of winning are higher, then.
Intraday might be a bit overwhelming for new guys. I would keep an eye out for trends/ opportunities and move accordingly.